This single-family property in Austin’s North Acres neighborhood offers substantial rental potential. With a rental range of $1.7K to $2.55K per month, its 3 beds and 2 baths structure could yield an annual revenue between $20.4K and $30.6K. The payback period hinges on acquisition and renovation costs, but current market trends in Austin are favorable for landlords. The property's modern updates, such as new windows and appliances, enhance its appeal, yet the single-story layout may limit rent maximization.
To elevate rental income, consider cosmetic upgrades like fresh paint and enhanced landscaping. Adding energy-efficient features could also attract tenants willing to pay for lower utility costs. If the owner's eyeing a sale, emphasizing the recent remodel and North Acres’ rising popularity could justify a premium listing price. Highlighting proximity to Austin's attractions may also attract interest from investors and tenants alike.